Case details for THOMAS WILSON

Name: THOMAS WILSON

Name: ALMOND UTLITIES LIMITED

Date of Birth: 1 / 9 / 1960

Date Order Starts: 15 / 8 / 2019

Disqualification Length: 6 Years 0 Month(s)

CRO Number: SC409708

Last Known Address: 4 MacDonald Gardens,, , , , BATHGATE,, EH47 7RE

Conduct: Thomas Wilson failed to ensure that Almond Utilities Ltd (Almond) maintained, preserved and/or delivered up adequate accounting records to the liquidator for the period 02 February 2016 to 19 January 2018, the date the company went into Liquidation. he has also failed to comply with his statutory duty to prepare and file accounts with Companies House for the period from 01 November 2015 to 31 October 2016, or submit returns to HM Revenue and Customs (HMRC) in respect of the company’s Value Added Tax (VAT) for the period from 01 February 2014 to Liquidation. As a result it has not been possible to account for the following: - The position regarding the company’s expenditure

  • Analysis of the bank statements for the period 02 February 2016 to 19 January 2018 provides that withdrawals totalled £648,733. These include £13,275 in unknown cheque and bank transfers, debit card payments of £84,490, cash withdrawals of £3,200 and a total of £536,515 paid to the him and other family members. In the absence of company accounting records, it is not possible to determine the true purpose of these payments and whether or not they were used to the benefit of the company. - The position regarding the company’s income
  • Analysis of the bank statements for the period 02 February 2016 to 19 January 2018 provides that the company received income of £626,073. In the absence of company accounting records, it is not possible to determine if this represents the total income received during the period in question. - The position regarding the level of remuneration paid to him and the amounts owed to or owed by him in respect of any director’s loan account. - The position in relation to company assets
  • In the absence of any accounting records it has not been possible for The Liquidator or The Insolvency Service to determine the asset position at liquidation - The correct position in relation to VAT payments due to HMRC
  • At Liquidation, HMRC was Almond’s sole creditor and lodged a claim for £215,567.90
  • Information from HMRC provides that the company failed to submit any VAT returns for the periods 01 February 2014 to Liquidation, resulting in assessments, surcharges and interest totalling £155,876.52 being raised, against which no payments were made. - The company failed in its statutory obligations to file returns and accounts for the year ended 31 October 2016 which became due by 31 July 2017. 

    This information is correct as at 26 / 7 / 2019



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